Form 4: Levi Strauss & Co. Executive Disposes of Shares for Tax Obligations

David Jedrzejek, SVP and General Counsel of Levi Strauss & Co., reported the disposition of 515 shares of Class A Common Stock to cover tax obligations related to vested restricted stock units.

Summary

• David Jedrzejek, the Senior Vice President and General Counsel of Levi Strauss & Co. (LEVI), filed a Form 4 with the SEC.
• The filing reports a transaction on June 2, 2025, involving the disposition of 515 shares of Class A Common Stock.
• These shares were withheld by the company to cover tax obligations arising from the settlement of vested Restricted Stock Units (RSUs).
• The transaction occurred at a price of $17.09 per share.
• Following this transaction, Mr. Jedrzejek beneficially owns 103,604 shares of Class A Common Stock directly.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, administrative transaction for tax purposes related to vested equity compensation, not a discretionary sale or purchase indicating a change in outlook.

Positives

• The underlying event, the vesting of Restricted Stock Units (RSUs), indicates that the executive has met performance or tenure conditions, which is generally a positive for executive compensation and retention.

Negatives

• No negative aspects are indicated by this routine tax-related disposition of shares.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This specific filing, an insider transaction report, does not provide information relevant to broader industry trends or competitive analysis within the apparel or retail sectors.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment sentiment or company fundamentals.
• Employees: No direct impact indicated.

Key Dates

Keywords

Levi Strauss & Co., LEVI, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock Units, Executive Compensation